REGULATORY MATTERS (Tables)

12 Months Ended

Dec. 31, 2022

REGULATORY MATTERS

Schedule of capital ratios

											Minimum To Be Well
					Minimum			Minimum To Maintain			Capitalized Under			Minimum To Meet
					Capital			Capital Conservation			Prompt Corrective			the Corporation's
	Actual				Requirement			Buffer at Reporting Date			Action Provisions			Policy Thresholds
(Dollars In Thousands)		Amount	Ratio		Amount	Ratio		Amount	Ratio		Amount	Ratio		Amount		Ratio
December 31, 2022:
Total capital to risk-weighted assets:
Consolidated	$	285,397	15.72	%	N/A	N/A		N/A	N/A		N/A	N/A		$	190,590	³10.5	%
C&N Bank		265,784	14.68	%	144,873	³8	%	190,145	³10.5	%	181,091	³10	%		190,145	³10.5	%
Tier 1 capital to risk-weighted assets:
Consolidated		243,750	13.43	%	N/A	N/A		N/A	N/A		N/A	N/A			154,287	³8.5	%
C&N Bank		248,744	13.74	%	108,654	³6	%	153,927	³8.5	%	144,873	³8	%		153,927	³8.5	%
Common equity tier 1 capital to risk-weighted assets:
Consolidated		243,750	13.43	%	N/A	N/A		N/A	N/A		N/A	N/A			127,060	³7	%
C&N Bank		248,744	13.74	%	81,491	³4.5	%	126,764	³7.0	%	117,709	³6.5	%		126,764	³7	%
Tier 1 capital to average assets:
Consolidated		243,750	10.11	%	N/A	N/A		N/A	N/A		N/A	N/A			192,941	³8	%
C&N Bank		248,744	10.38	%	95,826	³4	%	N/A	N/A		119,783	³5	%		191,652	³8	%
December 31, 2021:
Total capital to risk-weighted assets:
Consolidated	$	287,614	18.21	%	N/A	N/A		N/A	N/A		N/A	N/A		$	165,846	³10.5	%
C&N Bank		252,606	16.04	%	126,012	³8	%	165,390	³10.5	%	157,514	³10	%		165,390	³10.5	%
Tier 1 capital to risk-weighted assets:
Consolidated		240,433	15.22	%	N/A	N/A		N/A	N/A		N/A	N/A			134,256	³8.5	%
C&N Bank		238,434	15.14	%	94,509	³6	%	133,887	³8.5	%	126,012	³8	%		133,887	³8.5	%
Common equity tier 1 capital to risk-weighted assets:
Consolidated		240,433	15.22	%	N/A	N/A		N/A	N/A		N/A	N/A			110,564	³7	%
C&N Bank		238,434	15.14	%	70,881	³4.5	%	110,260	³7.0	%	102,384	³6.5	%		110,260	³7	%
Tier 1 capital to average assets:
Consolidated		240,433	10.53	%	N/A	N/A		N/A	N/A		N/A	N/A			182,683	³8	%
C&N Bank		238,434	10.52	%	90,688	³4	%	N/A	N/A		113,360	³5	%		181,376	³8	%

Schedule of minimum risk-based capital ratios, and the capital ratios including the capital conservation buffer

Minimum common equity tier 1 capital ratio	4.5	%
Minimum common equity tier 1 capital ratio plus capital conservation buffer	7.0	%
Minimum tier 1 capital ratio	6.0	%
Minimum tier 1 capital ratio plus capital conservation buffer	8.5	%
Minimum total capital ratio	8.0	%
Minimum total capital ratio plus capital conservation buffer	10.5	%

Schedule of summary of payout restrictions based on the capital conservation buffer

Capital Conservation Buffer	Maximum Payout
(as a % of risk-weighted assets)	(as a % of eligible retained income)
Greater than 2.5%	No payout limitation applies
≤2.5% and >1.875%	60	%
≤1.875% and >1.25%	40	%
≤1.25% and >0.625%	20	%
≤0.625%	0	%